Bookkeepers without borders: Why more UK SMEs are outsourcing finance functions

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You didn’t start your business to chase invoices.
But for many SME founders, finance admin becomes a never-ending cycle:

  • Invoices to send
  • Payments to chase
  • Reports to compile
  • Errors to fix

Add HMRC deadlines, VAT returns, and rising accountant costs—and suddenly, bookkeeping is eating your evenings.

Fortunately, there’s a smarter way forward: skilled remote finance professionals who manage the numbers so you can lead the business.

The true cost of in-house finance

Hiring a full-time bookkeeper in the UK can cost between £28,000–£35,000/year (plus NI, software, and office space). That doesn’t even include payroll, credit control, or management reporting.

For growing SMEs, that’s a heavy investment. Especially when needs fluctuate throughout the year.

Why UK SMEs are outsourcing their books

More businesses are now turning to virtual finance support to gain:

  • Cost-effective expertise
  • Flexible support levels
  • More time and peace of mind

According to Xero, 40% of UK small businesses regularly experience cash flow issues, and over a quarter say they find financial admin the biggest operational burden.

What can be outsourced?

Outsourcery’s finance support professionals help SMEs with:

  • Day-to-day bookkeeping
  • Invoicing and credit control
  • Bank reconciliations
  • VAT returns
  • Payroll and payslip management
  • Management reporting and budgeting assistance

Think of it as your back-office finance function, without the overhead.

Real-world impact

One Outsourcery client, a London-based creative agency, outsourced their finance admin after a year of spreadsheet chaos. Within three months, they had:

  • 100% timely invoicing
  • 30% reduction in late payments
  • Up-to-date cashflow reports, delivered monthly
  • No more panic before HMRC deadlines

And best of all? The founder now spends zero time inside accounting software.

Why it works

Remote financial support gives you:

  • A consistent, reliable expert
  • Better visibility over your business finances
  • Fewer late nights correcting spreadsheets
  • More space to think and plan ahead

It’s not just about keeping things compliant; it’s about creating headspace to grow.

Curious about remote bookkeeping, payroll, or financial admin? Visit our Financial Support page or speak to us about your needs.

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